Bill > S154

This bill aims to clarify and strengthen regulations for Class 2 motor vehicle licensees, which are typically businesses that sell used cars or trailers. The key provisions require these dealerships to operate from a permanent building or structure with adequate office space and posted business hours, and to display a visible exterior sign unless they exclusively sell to other dealers on a wholesale basis. For businesses sharing a building, a separate entrance is mandated, and display areas for vehicles cannot be shared unless physically separated. The bill also directs the Registry of Motor Vehicles to create a standardized application form for Class 2 licenses, which will include verification of a $25,000 bond or equivalent, proof of completed education requirements, and a specific designation for wholesale-only dealers. Selling to the retail public with a wholesale-only license will result in a significant fine and immediate license revocation. Finally, municipal licensing authorities must send copies of completed applications to the Registrar of Motor Vehicles and the Department of Revenue.